Ethereum is showing a strong bullish structure on the chart, with buyers continuing to defend the recent consolidation area. The Head & Shoulders formation is clearly visible, and price is pushing higher after breaking through the neckline area. 🔥
BTCUSD | Bullish Trend Continuation & Breakout Potential Fundamental Recent bond-buyback expectations have pressured the U.S. dollar, potentially supporting demand for risk assets such as Bitcoin. Continued weakness in the dollar could provide a favorable backdrop for BTCUSD, although macro conditions remain a key risk.
Smart Money Concept is a methodology that analyzes institutional order flow and liquidity manipulation using tools like order blocks, liquidity grabs, fair value gaps, and market-structure shifts to align trades with “smart money” rather than retail flows.
A volume footprint (footprint chart) is an order-flow chart that shows how much volume traded at each price inside a candle and how much of that volume was aggressive buying vs aggressive selling. A volume footprint chart breaks each candle into price rows, displaying the traded volume at every price plus a split between buy volume at the ask and sell volume at the bid.
Silver has been building a strong base for several weeks after finding support around the $55–56 zone. The prolonged consolidation has now resulted in a decisive breakout above the key $62.3–62.5 resistance zone, suggesting a potential shift from accumulation to a new bullish expansion phase.
The US Dollar Index (DXY) is hovering just above a three-month low around 98.50–98.90 after a sharp midweek decline. Today’s focus: Preliminary August Manufacturing and Services PMI from Germany, Eurozone, UK, and the US. These can move EUR/USD, GBP/USD, and USD pairs significantly.